Social Life Network, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 31, 2021 at 05:10 pm EDT
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Social Life Network, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was USD 274,948 compared to USD 482,488 a year ago. Operating loss was USD 261,559 compared to USD 4.635 million a year ago. Net loss was USD 202,720 compared to USD 3.344 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.03 a year ago.
Decentral Life, Inc. provides technology business incubator (TBI). The Company operates through individual software as a service (SaaS) licensing agreements with its TBI participating companies and provides each TBI company with the use of its technology platform to run their own social networking and ecommerce company. Various industry specific companies participate and operate in its TBI program, such as the hunting, fishing, camping, RV travel, motor racing, racket sports, boating, e-biking, cycling, golfing, cannabis, hemp, space exploration, soccer, transportation, blockchain, artificial intelligent (AI), and residential real estate sectors. The Company offers WDLF token. Its WDLF Ethereum tokens (ERC20) are mined by the users of its technology platform that is licensed by companies in its TBI program. The Company operates and supports the ongoing technology development of its platform, used by consumers and companies across 120 countries worldwide.